DBS Group Holdings ( (DBSDF) ) has released its Q1 earnings. Here is a breakdown of the information DBS Group Holdings presented to its investors.
DBS Group Holdings, a leading financial services group in Asia, is known for its comprehensive range of banking services, including consumer banking, wealth management, and institutional banking, with a strong presence in the Asian market.
In its latest earnings report for the first quarter of 2025, DBS Group Holdings announced a record profit before tax of SGD 3.44 billion, driven by a 6% increase in total income to SGD 5.91 billion. The company also declared an interim dividend and a capital return dividend for its shareholders.
Key financial highlights include a robust net profit of SGD 2.90 billion, despite a 2% decline due to higher tax expenses from the global minimum tax. The bank’s total income was bolstered by balance sheet growth, record fee income, and strong markets trading income. The cost-income ratio remained stable at 37%, with asset quality showing resilience as the NPL ratio held at 1.1%.
DBS Group’s balance sheet saw a 2% increase in loans to SGD 435 billion, while deposits rose 3% to SGD 576 billion. The bank’s liquidity and capital positions remained strong, with a liquidity coverage ratio of 145% and a Common Equity Tier-1 ratio of 17.4%.
Looking forward, DBS Group remains focused on capturing opportunities amid market volatility while managing risks prudently. The company is well-positioned to support its customers with its strengthened general allowance reserves and solid capital and liquidity foundations.